EURUSD Daily Forecast: February 21
EURUSD Forecast
The EURUSD was indecisive yesterday. The bias remains bullish in nearest term testing1.1400 region as a part of the bullish pin bar scenario after bounced-off 1.1270 – 1.1215 key support area as you can see on my daily chart below. Immediate support is seen around 1.1310. A clear break below that area could lead price to neutral zone in nearest term testing 1.1270 – 1.1215 key support area which remains a good place to buy with a tight stop loss below 1.1215 as a clear break below 1.1215 would resume the major bearish trend testing 1.1125 region or lower. On the upside, a clear break and daily close above 1.1400 would retest 1.1500 – 1.1570 key resistance area which remains a good place to sell.
Source: https://fxinstructor.com/blog/eurusd-daily-forecast-february-21-7
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